COPPER / 7D high update
Sep 21, 13:30
Copper Hits New 7‑Day High While Still Below 30‑Day Resistance
Copper posted a new 7‑day high at 6.8418, up roughly 0.59% from the prior 7‑day peak of 6.8017. The move reclaims short‑term upside but remains about 0.84% below the 30‑day/YTD resistance near 6.8994, suggesting a continuation would need to break that level.
Old 7D high
6.8017
New 7D high
6.8418
Move
0.59%
30D / YTD
6.8994 / 6.8994
What changed
- New 7‑day high reached 6.8418, surpassing the prior 7‑day peak of 6.8017.
- Price remains ~0.84% below the 30‑day/YTD resistance at 6.8994.
- Short‑term momentum reclaimed; continuation depends on breaking the 30‑day level.